Jiang Bo Long Plans RMB 400M-800M Share Buyback for Employee Incentives

Jiang Bo Long announced on August 10 that it plans to repurchase company shares using its own funds, with the buyback amount ranging from RMB 400 million to RMB 800 million. The shares repurchased in this round will be used for equity incentives or employee stock ownership plans, with the buyback price ceiling set at RMB 735 per share.